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Atlantic Yards Redevelopment Project

Sector: Rail • Location: Brooklyn, New York, USA

Source: Patch

Project
Planned

The Atlantic Yards project, also known as Pacific Park, is a long-stalled redevelopment initiative in Central Brooklyn near Barclays Center. Originally proposed to create more than 6,400 apartments including 2,250 affordable units across 15 buildings, the project has only realized about half of the promised housing over two decades. A new development team, Brooklyn Ascending Land Co., led by LCOR

Status
Prospective
Sector
Rail, Road, Residential, Commercial, Government
Location
Brooklyn, New York, United States of America
Updated
22 Jul 2026
Source
Patch

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Project Information

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The project “Atlantic Yards Redevelopment Project” is an infrastructure initiative in the Rail sector, located in Brooklyn, New York, USA. Taiyo aggregates data on it from Patch.

Participants

Sponsoring Agency

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Atlantic Yards project, also known as Pacific Park, is a long-stalled redevelopment initiative in Central Brooklyn near Barclays Center. Originally proposed to create more than 6,400 apartments including 2,250 affordable units across 15 buildings, the project has only realized about half of the promised housing over two decades. A new development team, Brooklyn Ascending Land Co., led by LCOR and Cirrus Real Estate Partners, proposes to build 9,000 apartments with taller buildings to create more public open space. The project involves building over Long Island Rail Road tracks and includes residential towers on a parcel west of Flatbush Avenue. The new team took over after the previous developer, Greenland USA, defaulted on loans and faced foreclosure. The project is overseen by the Empire State Development agency and requires updates to the general project plan, with public meetings planned to discuss redevelopment and gather community feedback.

Original sector

Real Estate

Location

Country

United States of America (USA)

State

New York

City

Brooklyn

Source

Source

Patch

URL

More Details

Record type

Project

Sector

Rail, Road, Residential, Commercial, Government

Article published date

2025-12-06

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